Forever Living Review: About the Company
Forever Living Products was founded in the US in 1978 by Rex Maughn. It is a company with a turnover of more than $2.5 billion, assets of more than $1.5 billion in cash and totally debt-free. The company has an experienced senior management team. The Company spans the globe and is present in more than 145 countries. Its forte is in the health and nutrition industry, which is projected to be the next trillion dollar industry.
Forever Living Review: A Unique Product
This Forever Living review reveals that this company is the world’s #1 grower and producer of aloe vera and bee hive based products. It is the only MLM company that sells the widest range of Aloe Vera based products. These include healthy, all-natural alternatives to everyday products like aloe vera drinks, skin and personal care, weight management, and nutritional supplements. This is a unique selling point and a huge advantage for this company compared to other MLM companies in the health and nutrition industry.
Forever Living Review: The Compensation Plan
This MLM positions its distributors to earn income in 10 ways, namely; Retail Profits, Personal Bonus, Volume Bonus, Leadership Bonus, Gem Bonus, Earned Incentive Bonus (Car Plan), Profit Sharing, Personal Development, Exotic Vacations, Special Promotions. The compensation plan is designed in such a way that FLP distributors start earning money as soon as they start the business.
Losing Money vs Making Money at Forever Living
This Forever Living review would conclude that the company has an ingenious payment plan. However, Forever Living does not guarantee success and it is possible to lose money. This is because most are not trained to market. Usually when a new rep joins your upline they will show you old school network marketing techniques. This is the 3 foot rule, posting flyers, disturbing your family and friends, and holding meetings in hotels.
You are told to make a list of 100 people you know and basically call each one of them to ask and see if they would be interested in earning some extra money. If you have a wide circle of influence, you may be successful in signing on a couple of reps. However, when you exhaust this list, you will be required to buy opportunity leads, which is quite expensive… frustration sets in due to rejections. This is not a sustainable method.
The hard truth is that only 3%-5% of reps will ever make money on Forever Living. So what are they doing that is giving them this success? Let’s discuss some winning strategies.
Forever Living Review: Winning Strategies:
1. Research the team you are about to join. Find out if they have a good support system in terms of training and mentoring.
2. You will need to have a lead generation system outside of the 3 foot rule method and shopping lists. This is a private label system that can help you generate 10-15 leads per day. Without a steady daily stream of leads, you won’t be able to generate residual income.
3. You will need to learn targeted marketing and customer profiles. This means that you only target people who are interested in the home business opportunity. Statistics show that there are approximately 800,000 searches each month on the Internet for home based businesses.
4. Gaining online marketing skills is an essential tool for every business. The correct use of the Internet, video marketing and social media platforms can revolutionize your business. It is easier and cheaper to position yourself online.
You might want to ask, how do I go about implementing all of this? It is easy; I can show you how this works. I use a private label marketing system that has helped me run my business effectively offline and online.